Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Auto Body Primers Market Size is Expected to Grow from USD 2.35 Billion in 2023 to USD 4.42 Billion by 2033, Growing at a CAGR of 6.52% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Auto Body Primers Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Epoxy Primers, Urethane Primers, Polyester Primers, and Others), By Distribution Channel (Online Stores, Automotive Aftermarket, Specialty Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023 - 2033
The worldwide auto body primers market is ascribed to the marketplace involved in the production and distribution of paint which is applied before final paint coating. These primers are the initial layer of coating applied to vehicle surfaces to ensure better adhesion of paint, corrosion resistance, and a smoother finish. The market is growing due to improvements in primer technologies, the growing need for automotive refinishing created by rising vehicle ownership rates, and the requirement for vehicle upkeep. Further, the rising popularity of electric, hybrid, and autonomous vehicles support boosts the market expansion by an aesthetic appearance. However, market growth faces the main obstacles, high volatility of raw material prices, and economic uncertainty.
The urethane primers segment held a significant share of the global auto body primers market in 2023 and is anticipated to grow at a rapid pace over the forecast period.
On the basis of the product type, the global auto body primers market is differentiated into epoxy primers, urethane primers, polyester primers, and others. Among these, the urethane primers segment held a significant share of the global auto body primers market in 2023 and is anticipated to grow at a rapid pace over the forecast period. This is because it provides additional exceptional finish and flexibility with a smoother and more flexible base. Moreover, several automotive professionals prefer this due to wear and tear their ability to adhere well to various substrates, and the growing popularity of luxury automobiles.
The automotive aftermarket segment held the largest share of the global auto body primers market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the distribution channel, the global auto body primers market is segmented into online stores, automotive aftermarket, specialty stores, and others. Among these, the automotive aftermarket segment held the largest share of the global auto body primers market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. This is due to high-performance car body primers being in rising need in this industry due to the growing quality and dependability in products. Further, it approved service centers, franchise workshops, and independent repair shops that provide a range of auto body services for vehicle maintenance and repairs.
Asia Pacific is projected to hold the largest share of the global auto body primers market over the forecast period.
Asia Pacific is expected to hold the greatest share of the global auto body primers market over the forecast period. The regional market is growing due to strong automobile manufacturing and large infrastructure development. Further, with their sizable automobile manufacturing bases and growing rates of car ownership, nations like China, India, and Japan are significant contributors to the market expansion.
Europe is anticipated to grow at the fastest CAGR growth of the global auto body primers market over the forecast period. The market expansion throughout the region is further accelerated due to the Due to the existence of large automakers and a strong focus on sustainability. Beyond that, the UK, France, and Germany are among the top contributors to the growth of the regional market. The adoption of waterborne and low-VOC primers has accelerated due to strict environmental legislation, ongoing improvements in primer technologies, and a growing emphasis on improving the durability and appearance of vehicles.
Company Profiling
Major vendors in the global auto body primers market are PPG Industries, Inc., Axalta Coating Systems Ltd., BASF SE, Akzo Nobel N.V., Sherwin-Williams Company, 3M Company, Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Valspar Corporation, KCC Corporation, RPM International Inc., Henkel AG & Co. KGaA, Sika AG, Jotun A/S, Hempel A/S, Tikkurila Oyj, Berger Paints India Limited, Asian Paints Limited, Masco Corporation, and Benjamin Moore & Co., and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global auto body primers market based on the below-mentioned segments:
Global Auto Body Primers Market, By Product
Global Auto Body Primers Market, By Distribution Channel
Global Auto Body Primers Market, By Regional
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